According to the European Business Angels Network report, in 2021 top 10 European business angels networks invested 272.6M EUR in 2379 deals (~115 K EUR per deal). On average there are 300 business angels per network.
#eu #top10ban #benchmark #analytics #eban #motivationforarmenianbans
#eu #top10ban #benchmark #analytics #eban #motivationforarmenianbans
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3N Startups
The first quarter of the year was quite intense in the Armenian high-tech ecosystem with the total of more than $47M capital raised by the startups. See the detailed list of announced capital raises below: 1. Fastex raised $23.2M through private and public…
Its interesting to see that in same period total funding in North America was $46.3B showing continued decline in investments. In the EU the funding in Q1 2023 dropped by 66%.
https://t.me/threenstartups
#capitalraiserecap #northamerica #eu
https://t.me/threenstartups
#capitalraiserecap #northamerica #eu
Crunchbase News
North American Startup Funding Weakens Further In Q1
After four consecutive down quarters, North American startup investors haven’t staged a definitive comeback yet. However, first-quarter numbers do show pockets of resilience, even as the general funding climate remains constrained.
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Analysis of investment landscape in Europe in 2023.
Affinity published an 2023 Investment Benchmark Report: European edition. Here are the key takeaways from the report:
1) Unicorn birth rate drops 80% in Germany, 55% in UK and 45% in France. Investment decline is significant in in Netherlands (over 50%), Germany, Sweden, Norway and Lithuania (~40%), UK dropped 20%.
2) Countries like Ireland, Italy, and Croatia saw positive growth during this time period. Croatia stands out with an impressive 400% YoY growth in investment, and the emergence of its first unicorns in 2022. One important contributing factor is Croatia’s talent pool.
3) The Nordic countries, including Denmark, Norway, Sweden, Finland, and Iceland, are currently experiencing a startup boom. In 2022, a year of global recalibration, Nordic countries demonstrated resilience and achieved their second-highest year for VC funding, indicating the sustained growth of the region's startup ecosystem.
4) Industry overview:
- Fintech remains the top industry for investment in Europe, especially in the U.K. and France.
- The energy industry has flourished in the region, with $34.6B raised across 1,388 deals in 2022. This was primarily driven by the European Green Deal and the need for clean energy solutions.
- The Russia-Ukraine conflict caused investors to shift capital investment to traditional and renewable energy companies.
- Security has shown more resilience than others in 2022, showing strong seed stage investment, and a solid talent pool across the region. Europe is building up its digital sovereignty with efforts like the European Cybersecurity Investment Platform
EUVC made a satirical yet to the point review of the analysis done by Affinity identifying several important trends to be noted.
1) Will Croatia sustain the same increase in 2023? Or will the Netherlands and Germany have their VC economy shrink another 50-40% in 2023? Likely not.
2) While 2022 was a challenging year for Fintech industry, Europe’s fintech industry is growing at a rapid pace. In fact, London now ties with the Bay Area as the top global hub for fintech startups, having received a $9.7B in investment in 2022.
3) Climate tech is another area where Europe made significant strides having raised 42% of all climate tech dollars and growing 26% faster than the U.S. year-over-year.
4) The top VC firms in the Southern region of Europe (countries like Italy, Croatia, Greece, and Spain) have grown their networks rapidly with an impressive 251% in network size from H1 to H2 of 2022
https://t.me/threenstartups
#report #investmentbenchmarkreport2023 #eu #europeanfundingtrends
Affinity published an 2023 Investment Benchmark Report: European edition. Here are the key takeaways from the report:
1) Unicorn birth rate drops 80% in Germany, 55% in UK and 45% in France. Investment decline is significant in in Netherlands (over 50%), Germany, Sweden, Norway and Lithuania (~40%), UK dropped 20%.
2) Countries like Ireland, Italy, and Croatia saw positive growth during this time period. Croatia stands out with an impressive 400% YoY growth in investment, and the emergence of its first unicorns in 2022. One important contributing factor is Croatia’s talent pool.
3) The Nordic countries, including Denmark, Norway, Sweden, Finland, and Iceland, are currently experiencing a startup boom. In 2022, a year of global recalibration, Nordic countries demonstrated resilience and achieved their second-highest year for VC funding, indicating the sustained growth of the region's startup ecosystem.
4) Industry overview:
- Fintech remains the top industry for investment in Europe, especially in the U.K. and France.
- The energy industry has flourished in the region, with $34.6B raised across 1,388 deals in 2022. This was primarily driven by the European Green Deal and the need for clean energy solutions.
- The Russia-Ukraine conflict caused investors to shift capital investment to traditional and renewable energy companies.
- Security has shown more resilience than others in 2022, showing strong seed stage investment, and a solid talent pool across the region. Europe is building up its digital sovereignty with efforts like the European Cybersecurity Investment Platform
EUVC made a satirical yet to the point review of the analysis done by Affinity identifying several important trends to be noted.
1) Will Croatia sustain the same increase in 2023? Or will the Netherlands and Germany have their VC economy shrink another 50-40% in 2023? Likely not.
2) While 2022 was a challenging year for Fintech industry, Europe’s fintech industry is growing at a rapid pace. In fact, London now ties with the Bay Area as the top global hub for fintech startups, having received a $9.7B in investment in 2022.
3) Climate tech is another area where Europe made significant strides having raised 42% of all climate tech dollars and growing 26% faster than the U.S. year-over-year.
4) The top VC firms in the Southern region of Europe (countries like Italy, Croatia, Greece, and Spain) have grown their networks rapidly with an impressive 251% in network size from H1 to H2 of 2022
https://t.me/threenstartups
#report #investmentbenchmarkreport2023 #eu #europeanfundingtrends
www.affinity.co
The 2025 venture capital benchmark report: European edition
Uncover key VC performance benchmarks with exclusive data on deal volume, network activity, and engagement. Plus, learn what sets top European VCs apart.
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The European Council adopted the 11th package of economic and individual sanctions against Russia.
This package allows imposing restrictions on third-country entities that are involved in the circumvention of trade restrictions.
Armenian startups should be aware of this to avoid unnecessary risks as Armenia has close economic ties with Russia.
https://t.me/threenstartups
#eu #sanctions #riskmanagement
This package allows imposing restrictions on third-country entities that are involved in the circumvention of trade restrictions.
Armenian startups should be aware of this to avoid unnecessary risks as Armenia has close economic ties with Russia.
https://t.me/threenstartups
#eu #sanctions #riskmanagement
European Council
Russia’s war of aggression against Ukraine: EU adopts 11th package of economic and individual sanctions
The Council adopted an eleventh package of new restrictive measures intended to crack down on circumvention and step up pressure on Russia and its government.
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The official opening of the InnoIjevan hub will take place today giving a start to a series of events happening from June 30 to July 2.
The first day of the festival will be the official opening ceremony with the participation of the EU, international, state and private structures, as well as panel discussions under the title "State-Private Dialogue".
On July 1 and 2, Ijevan will become the center of Armenia's innovation with a series of lectures, master classes and panel discussions about IT and entrepreneurship.
Book your spot here: bit.ly/45Rox0a
The InnoIjevan project is implemented by the Ijevan Municipality, UATE and COWO with funding from the EU.
https://t.me/threenstartups
#innoijevan #cowo #uate #eu #innovationhub #regionaldevelopment #event #networking
The first day of the festival will be the official opening ceremony with the participation of the EU, international, state and private structures, as well as panel discussions under the title "State-Private Dialogue".
On July 1 and 2, Ijevan will become the center of Armenia's innovation with a series of lectures, master classes and panel discussions about IT and entrepreneurship.
Book your spot here: bit.ly/45Rox0a
The InnoIjevan project is implemented by the Ijevan Municipality, UATE and COWO with funding from the EU.
https://t.me/threenstartups
#innoijevan #cowo #uate #eu #innovationhub #regionaldevelopment #event #networking
EIT Digital calls for applications from growth stage startups (Champions) that need fundraising support.
The EIT Digital Champions aims to identify the best European deep tech entrepreneurs and help them scale up internationally.
Startups in growth stage (scaleups) can apply in five thematic areas: Digital Tech, Digital Industry, Digital Cities, Digital Wellbeing and Digital Finance.
The timeline of the program is as follows:
➡️ Submission Deadline: January 30, 2024
➡️ Online Pitch Competition with VC Investors: February 6-7, 2024
➡️ Proclamation of Champions: March 19, 2024
➡️ Champions attend VIP Investor Dinner @ VivaTech, Paris: May 22-25, 2024
Apply and find more details here: https://www.eitdigital.eu/champions/
https://t.me/threenstartups
#eitdigital #support #accesstoinvestors #scaleups #deeptech #eu
The EIT Digital Champions aims to identify the best European deep tech entrepreneurs and help them scale up internationally.
Startups in growth stage (scaleups) can apply in five thematic areas: Digital Tech, Digital Industry, Digital Cities, Digital Wellbeing and Digital Finance.
The timeline of the program is as follows:
➡️ Submission Deadline: January 30, 2024
➡️ Online Pitch Competition with VC Investors: February 6-7, 2024
➡️ Proclamation of Champions: March 19, 2024
➡️ Champions attend VIP Investor Dinner @ VivaTech, Paris: May 22-25, 2024
Apply and find more details here: https://www.eitdigital.eu/champions/
https://t.me/threenstartups
#eitdigital #support #accesstoinvestors #scaleups #deeptech #eu
EIT Digital
EIT Digital Champions - Compete, Win, Raise & Scale
EIT Digital welcomes applications from scaleups that need fundraising support. In this 12th edition, we will select 50 finalists to pitch their companies to our jury of international investors. The winners, the Champions, will receive one year of tailored…
Digital Explorers II announced call for applications for career advancement program.
Digital Explorers II features two tracks:
- Trainee Track for entry level Data analysts (local and Baltic placements are on offer)
- Professional Track for experienced Front-End & Back-End developers and DevOps engineers
Apply for Digital Explorers Online by January 15, 2024: https://digitalexplorers.eu/projects/digital-explorers-ii/
https://t.me/threenstartups
#training #careeracceleration #baltics #eu #digitalexplorers
Digital Explorers II features two tracks:
- Trainee Track for entry level Data analysts (local and Baltic placements are on offer)
- Professional Track for experienced Front-End & Back-End developers and DevOps engineers
Apply for Digital Explorers Online by January 15, 2024: https://digitalexplorers.eu/projects/digital-explorers-ii/
https://t.me/threenstartups
#training #careeracceleration #baltics #eu #digitalexplorers
digitalexplorers.eu
Digital Explorers » Digital Explorers II
🚀 Smart Mobility Accelerator Program! 🚀
Get ready for a transformative journey in the smart mobility ecosystem - from the innovation hubs of Sweden and Germany to the tech-savvy environment of Israel. Armenia is on the list of eligible countries!
Eligibility:
- Teams of 2+ FTEs (no solo founders).
- Startups registered in the EU, EU associated countries, or third countries associated to Horizon Europe, including Armenia.
- Startups founded after 31/12/2013.
For more details on eligibility and application, check out the Guide for Applicants.
🗓 Application Deadline: 15 April 2024
👉 Apply and find more details here: https://www.eiturbanmobility.eu/impact-ventures/accelerator/smart-mobility/
https://t.me/threenstartups
#accelerator #smartmobility #eu #applynow
Get ready for a transformative journey in the smart mobility ecosystem - from the innovation hubs of Sweden and Germany to the tech-savvy environment of Israel. Armenia is on the list of eligible countries!
Eligibility:
- Teams of 2+ FTEs (no solo founders).
- Startups registered in the EU, EU associated countries, or third countries associated to Horizon Europe, including Armenia.
- Startups founded after 31/12/2013.
For more details on eligibility and application, check out the Guide for Applicants.
🗓 Application Deadline: 15 April 2024
👉 Apply and find more details here: https://www.eiturbanmobility.eu/impact-ventures/accelerator/smart-mobility/
https://t.me/threenstartups
#accelerator #smartmobility #eu #applynow
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📣 Armenian founders: Looking to expand to EU?
Digital Explorers II is offering a fast-track soft-landing in 🇱🇻 Latvia - your gateway to the 🇪🇺 EU market.
With lower costs, faster access to EU markets, and real founder-focused support (grants, accelerators, mentoring), Latvia offers an efficient path to scale. Through the Digital Explorers II program, you’ll get everything you need to launch in Europe—without burning your runway.
Apply by May 26 👉 https://apply.workable.com/digitalexplorers/?lng=en
This initiative is supported by STAN and ESTDEV.
#ArmenianFounders #DigitalExplorers #Latvia #STAN #ScaleGlobal #StartupEcosystem #EU
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Digital Explorers II is offering a fast-track soft-landing in 🇱🇻 Latvia - your gateway to the 🇪🇺 EU market.
With lower costs, faster access to EU markets, and real founder-focused support (grants, accelerators, mentoring), Latvia offers an efficient path to scale. Through the Digital Explorers II program, you’ll get everything you need to launch in Europe—without burning your runway.
Apply by May 26 👉 https://apply.workable.com/digitalexplorers/?lng=en
This initiative is supported by STAN and ESTDEV.
#ArmenianFounders #DigitalExplorers #Latvia #STAN #ScaleGlobal #StartupEcosystem #EU
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Attracting Cross-border Investments to Armenian Tech Sector
Samson Avetian authored an op-ed discussing an untapped potential of deeper collaboration between Armenia and EU in tech sphere. The article showcases Armenian startup ecosystem, notable ecosystem players, initiatives and programs. Worth noting that the article discusses a joint project of 3 Armenian angel networks - Angel Investor Club of Armenia (AICA), BANA Angels, and Science & Technology Angel Network (STAN) that will be hosting Gateway to EU Congress in Armenia on Sep 18 and 19 this year.
Learn more here: https://www.intellinews.com/comment-europe-could-benefit-from-partnering-with-armenian-tech-innovation-378858/
Thanks to The Armenia Project for the support in making this article happen.
Photo Credit: Taken from the article
#SamsonAvetian #OpEd #EU #Scaling #ArmenianEcosystem
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Samson Avetian authored an op-ed discussing an untapped potential of deeper collaboration between Armenia and EU in tech sphere. The article showcases Armenian startup ecosystem, notable ecosystem players, initiatives and programs. Worth noting that the article discusses a joint project of 3 Armenian angel networks - Angel Investor Club of Armenia (AICA), BANA Angels, and Science & Technology Angel Network (STAN) that will be hosting Gateway to EU Congress in Armenia on Sep 18 and 19 this year.
Learn more here: https://www.intellinews.com/comment-europe-could-benefit-from-partnering-with-armenian-tech-innovation-378858/
Thanks to The Armenia Project for the support in making this article happen.
Photo Credit: Taken from the article
#SamsonAvetian #OpEd #EU #Scaling #ArmenianEcosystem
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🔥 Join 3N to stay updated on startup opportunities!
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Info Session: Scaling to the EU via Latvia | May 22
Science & Technology Angel Network (STAN) and Latvian Startup Association Startin.LV invite Armenian founders to an exclusive info session on the Digital Explorers II program — your soft-landing path to the EU market! 🇪🇺
Why Latvia 🇱🇻?
- Seamless access to all 27 EU markets
- Lower operational costs = longer runway
- Tight-knit and highly connected startup ecosystem
- Grants, accelerators & tailored mentoring
- Culturally familiar, globally positioned
Whether you’re a founder ready to expand, or an investor or advisor exploring regional growth, this session will show you why Latvia might be your smartest first step into Europe.
Date: May 22
Start: 7 PM GMT+4
Format: Online Info Session
👉 RSVP now: https://lu.ma/uuq8owjt
#DigitalExplorersII #Latvia #StartupExpansion #EU #STAN #StartinLV #SoftLanding
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🔥 Join 3N to stay on top of startup news
Science & Technology Angel Network (STAN) and Latvian Startup Association Startin.LV invite Armenian founders to an exclusive info session on the Digital Explorers II program — your soft-landing path to the EU market! 🇪🇺
Why Latvia 🇱🇻?
- Seamless access to all 27 EU markets
- Lower operational costs = longer runway
- Tight-knit and highly connected startup ecosystem
- Grants, accelerators & tailored mentoring
- Culturally familiar, globally positioned
Whether you’re a founder ready to expand, or an investor or advisor exploring regional growth, this session will show you why Latvia might be your smartest first step into Europe.
Date: May 22
Start: 7 PM GMT+4
Format: Online Info Session
👉 RSVP now: https://lu.ma/uuq8owjt
#DigitalExplorersII #Latvia #StartupExpansion #EU #STAN #StartinLV #SoftLanding
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Join the High-Tech Delegation visit to Denmark 🇩🇰
Arahet, in Partnership with Dansk Industri, is organizing a trade delegation of Armenian High-Tech companies to Denmark. During the three-day event, the delegates will have meetings with representatives of Danish Industry, as well as with selected partners and investors.
The delegation is an excellent opportunity to match Armenian High-Tech companies with leading Danish counterparts and investors.
The goal of the event is to foster partnership in the fields of AI, Automation, Cyber Security, Defense etc. between Armenian and Danish companies, research institutions, and innovation clusters.
Participation allows Armenian companies to:
- Find potential clients and enter the EU market
- Pitch to Danish investors
- Explore opportunities for common R&D projects
Registration form: https://www.arahet.org/hy/delegation-dk
#Arahet #DanskIndustry #Denmark #EU
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Arahet, in Partnership with Dansk Industri, is organizing a trade delegation of Armenian High-Tech companies to Denmark. During the three-day event, the delegates will have meetings with representatives of Danish Industry, as well as with selected partners and investors.
The delegation is an excellent opportunity to match Armenian High-Tech companies with leading Danish counterparts and investors.
The goal of the event is to foster partnership in the fields of AI, Automation, Cyber Security, Defense etc. between Armenian and Danish companies, research institutions, and innovation clusters.
Participation allows Armenian companies to:
- Find potential clients and enter the EU market
- Pitch to Danish investors
- Explore opportunities for common R&D projects
Registration form: https://www.arahet.org/hy/delegation-dk
#Arahet #DanskIndustry #Denmark #EU
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Gateway to EU Congress Kicks Off Tomorrow!
On September 18–19, Armenia will host Gateway to EU Congress, bringing together 200 participants — including 40 international guests and 160+ local ecosystem players — to strengthen ties between the Armenian and European innovation ecosystems.
🔑 What’s on the agenda:
• Keynote speeches & panel discussions
• Startup pitching session
• Tours of Armenia’s key innovation hubs
This event is co-hosted by the Armenian angel networks - Angel Investor Club of Armenia (AICA), BANA Angels and Science & Technology Angel Network (STAN) in partnership with European Business Angel Network (EBAN).
This event is funded by: The Government of the Republic of Armenia (Ministry of Economy), the EU4Innovation East project, funded by the European Union, co-funded by the French Government and implemented by Expertise France, and UN Women Armenia.
#GatewayToEU #AICA #BANAAngels #STAN #EBAN #Event #AngelInvesting #EU
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On September 18–19, Armenia will host Gateway to EU Congress, bringing together 200 participants — including 40 international guests and 160+ local ecosystem players — to strengthen ties between the Armenian and European innovation ecosystems.
🔑 What’s on the agenda:
• Keynote speeches & panel discussions
• Startup pitching session
• Tours of Armenia’s key innovation hubs
This event is co-hosted by the Armenian angel networks - Angel Investor Club of Armenia (AICA), BANA Angels and Science & Technology Angel Network (STAN) in partnership with European Business Angel Network (EBAN).
This event is funded by: The Government of the Republic of Armenia (Ministry of Economy), the EU4Innovation East project, funded by the European Union, co-funded by the French Government and implemented by Expertise France, and UN Women Armenia.
#GatewayToEU #AICA #BANAAngels #STAN #EBAN #Event #AngelInvesting #EU
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